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Technology Stocks : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?

To: Z Analyzer who wrote (8099)	3/16/2000 10:25:00 AM
From: Sam	Respond to of 9256

From Maxtor's release today: <<``Demand has been strong for our products so far this quarter, with greater than anticipated strength in the consumer PC, distribution, and retail channels,' said Mike Cannon, Maxtor's president and CEO. ``We are also shipping a significantly richer capacity mix this quarter, which is resulting in a higher average selling price than planned. Our shipments of three- and four-disk products will represent a greater percentage of our shipments in the current quarter than in the fourth quarter, which usually has the strongest mix of the year. We believe this may be the result of a trend toward higher capacity drives in consumer PCs, an area in which Maxtor has competitive advantage with our four-disk products.'>> Should be good for HTCH, and indeed it is so far: up 2 so far today, though still pretty depressed at 19 and change.